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via Cointelegraph · By Cointelegraph Staff

Ripple Secures $200M Credit Facility to Expand Institutional Prime Brokerage

XRP

XRP/USDT

$1.41

-1.02%

$1.41

-1.02%

(24s)

24h Volume

$1,241,339,192.51

24h H/L

$1.4327 / $1.398

Change: $0.0347 (2.48%)

Long/Short

74.2%

Long: 74.2%Short: 25.8%

Funding Rate

+0.0035%

Longs pay

Data provided by COINOTAG DATALive data

Ripple

Daily

$1.4123

▲ -

Volume (24h): -

Resistance Levels

Resistance 3$1.6185

Resistance 2$1.5472

Resistance 1$1.4453

Price$1.4123

Support 1$1.3872

Support 2$1.2681

Support 3$1.1382

Pivot (PP):$1.4114

Trend:Sideways

RSI (14):61.1

Cointelegraph Staff

(08:12 PM UTC)

1 min read

Reviewed bySarah Chen

0 comments

Ripple has secured a $200 million credit facility from funds managed by Neuberger Berman to expand the lending capacity of its institutional prime brokerage business, highlighting continued demand for financing services in the digital asset market.

The company said Monday that the debt facility will allow its Ripple Prime unit to offer more margin loans and other financing products to hedge funds…

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Cointelegraph Staff · Cointelegraph

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